Innovation. The innovativeness of a Death my broom broke so now I ride a unicorn Halloween shirt is hard to really define, but the Bloomberg Index ranks South Korea as the most innovative nation in the world, based on the number of patents filed per GDP. Which means that other nations may file more patents overall, but South Korea files the most for an economy of its size. This means its people are more innovative than anyone else. Mind you, South Korea may not have a Steve Jobs, but it does have massive conglomerates that produces hundreds of patents for their products to ensure that their products are some of the most cutting edge on the market.
My husband and I used to keep tropical Death my broom broke so now I ride a unicorn Halloween shirt . Our garage was lined with large tanks in which we hoped to breed, and eventually sell, the offspring of the various fish. I think, if my memory serves me correctly, the Mollies, the Platies and the Guppies gave birth to live babies, which was fascinating to watch. However, the babies then had to be quickly rescued before their mother could swallow them down for breakfast! I say breakfast, because there was many a night, husband being away, that I sat in a cold garage, trying to keep my eyes open as I slowly froze, waiting for the births, in order to rescue the newborn. They would be a source of income, we hoped, for a young couple, just married, who’d spent every penny they had on a house and were struggling to pay the mortgage.
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If you think something is impossible because Death my broom broke so now I ride a unicorn Halloween shirt would have bad outcomes, you need to adjust your priors.If rising inflation causes the bank of Canada to raise interest rates the charmed life we have all been living will end. Real tradeoffs will begin. Do we raise taxes or fire teachers, or both?Read about the mid 1990s Canadian federal budgets. They were works of savagery. Our debts and interest rates were high and we cut everything. Know why university cost you $9k a year and your parents $500? That’s why. And it’s coming again.
If we looked at Canada’s housing market from a macroeconomic standpoint, it is absolutely impossible for housing prices to pull back even 20-30%. Why? Because it would devastate the Canadian economy and absolutely destroy our way of life.So what can we actually hope to see? All we can hope to see is a slowdown in price increases and perhaps a slight pullback in prices in the 5-10% range.People like to think they can wait for a huge crash, like the Death my broom broke so now I ride a unicorn Halloween shirt , but that is extremely unlikely to happen due to a variety of a factors. Most notably, interest rates, interest rate policies, 21st centurey economics, immigration, and the overall wealth generated by people in other countries.